July 24, 2019 |
Spanish bank Santander is advising on a number of M&A deals in Mexico and expects to close two large transactions in the fourth quarter this year, LatinFinance has heard.
One transaction in the retail segment could close by the end of July, while a second deal in the infrastructure sector could close in December, said a source familiar with the bank's activities.
The infrastructure project will be "the largest deal the bank has ever closed in Mexico," the source added.
Spanish bank expects to conclude two large transactions by the end of the year